Private Limited Company

Know About Private Limited Company:

Private Limited Company is the most famous business form among all sizes of businesses in India because of its different advantages. Get your Private Limited Company Registration Done with AapkaTax from Rs. 10899/- onwards.

What is a Private Limited Company?

A Private Limited Company is the most popular and relevant form of corporate legal entity in the country. Its registration is looked over by the Companies Incorporation Rules, 2014 and also the Ministry of Corporate Affairs, Companies Act, 2013. For registering a private limited company, least of two directors and two shareholders are needed. A person can be both a director and shareholder, whereas a corporate legal entity can only be considered a shareholder here. Furthermore, NRIs or foreign nationals and foreign corporate entities can be Shareholders or directors of the Company which incorporates Foreign Direct Investment, making it the preferable over other choices for foreign promoters.

Private Limited Company has extremely different features like ability to raise equity funds, perpetual existence, limited liability protection to shareholders and separate legal entity status makes it the most sort out of form of business entity for lakhs of small and medium sized businesses that are professionally managed or family owned.

If you are certain about your company registration then AapkaTax is here to help you with it. It offers a large variety of company registrations like private limited company registration, one person company registration, Nidhi Company Registration, Section 8 Company Registration, Producer Company Registration and Indian Subsidiary registration. Also, on an average, the time taken to complete a one person company registration is normally about 10 - 15 working days, based on government processing time and client document submission. By scheduling an appointment with an AapkaTax Advisor, you can also get a free consultation for a Nidhi Company registration and business setups in India.

Essential Documents Required for Private Limited Company Registration:

Identity and Address Proof
Identity and address proof are required for the main Director and nominee director of the one person company to be incorporated. PAN is a mandatory identity proof. All documents submitted must be valid. Residence proof documents like bank statements or electricity bills should be less than 2 months old.

Registered Office Proof
The companies must necessarily have a registered office in India of which they need to provide a recent copy of the electricity bill or property tax receipt or water bill. Also, along with the utility bills, a copy of the rental agreement or sale deed and a letter from the landlord with his/her consent to use the office as a registered office of a company needs to be submitted.

Hence, these are the documents required for One Person Company:
1. Identity Proof of Director & Nominee Director
2. Address Proof of Director & Nominee Director
3. Proof of Registered office in India
4. Signed incorporation documents